Retired? Here’s when the IRS might take a closer look at your finances

Title: Retired? Here’s when the IRS might take a closer look at your finances

Article Snip: "...Failing to take required minimum distributions can trigger a 25% excise tax on the amount not withdrawn..."

Reference: www.foxbusiness.com
Required minimum distributions (RMD's),IRS,IRAs and 401(k) RMD's,

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Federal agency plans to grant buyouts and early-outs

Title: IRS offers targeted buyouts to employees in enforcement divisions

Article Snip: "...The early retirements and buyout offers will be offered to employees in three enforcement areas..."

Reference:
www.federalnewsradio.com